International GDP Update – 2011 Q2

UPDATE: A more recent post updates both GDP and employment information through 2012 Q3.

Second quarter GDP reports continue to roll in. Here is a quick update to our international GDP graph. European GDP was released this morning. The Eurozone grew at 0.2 percent, Germany saw just 0.1 percent and France’s growth was 0.0 percent. Japan’s GDP was released yesterday and showed a contraction for the third straight quarter. The U.S. saw similarly soft growth in the second quarter, according to the advanced (first look) estimates released two weeks ago. Overall the whole of the developed world is slowing down, and this is very much reflected in the latest GDP reports.